Machine Parts Mfg. - N.O.C. workers comp rate in Michigan
The filed workers comp rate for class code 3064 (Machine Parts Mfg. - N.O.C.) in Michigan is $2.43 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $12,150 in base premium.
Rate per $100 $2.43
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 80%
Confidence HIGH
FAQ
What is the workers comp rate for code 3064 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 3064 (Machine Parts Mfg. - N.O.C.) in Michigan is $2.43 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 3064 on $500,000 of payroll?
At $2.43 per $100, $500,000 of payroll yields a base premium of $12,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3064?
UT has the cheapest filed rate for code 3064 ($0.590) and IL the highest ($4.31). Michigan sits at the 80th percentile across 20 peer states.